Gross Value Added per Worker European Comparison

Comparing Gross Value Added (GVA) per worker across comparative sectors in the UK, the pharmaceuticals sector provides the highest GVA per worker, followed by motor vehicles. Although there was a decline in pharmaceutical GVA per worker between 2010 and 2012, this value has since recovered and has increased in the subsequent years, with a substantial increase in 2016 as well as a growing differential to the next most valuable sector (on a GVA per worker basis), petrochemicals (due in part to the fall in the price of oil).

The ONS estimates the GVA by two independent approaches, Current Price (CP) and Chain Volume Measures (CVM). Want to find out more about the difference of the two approaches? Read more.